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It represents you paying all of your credits or loans... meaning, you used your cash to pay for your loans(accounts payable). And this will make cash a Credit and Accounts Payable Debit. Basically using cash to deduct your account payable.
What else can I help you with?
Does debit to accounts payable represents cash paid to creditors?
yes it does
What represents cash paid to creditors to Accounts Payable?
It represents you paying all of your credits or loans... meaning, you used your cash to pay for your loans(accounts payable). And this will make cash a Credit and Accounts Payable Debit. Basically using cash to deduct your account payable.
What to accounts payable represents account paid to creditors?
It represents you paying all of your credits or loans... meaning, you used your cash to pay for your loans(accounts payable). And this will make cash a Credit and Accounts Payable Debit. Basically using cash to deduct your account payable.
Cash paid to creditors represents what to Account payable?
It represents you paying all of your credits or loans... meaning, you used your cash to pay for your loans(accounts payable). And this will make cash a Credit and Accounts Payable Debit. Basically using cash to deduct your account payable.
Does a credit to accounts payable represents cash paid to creditors?
No actually... Cash paid to credits should credit cash account and debit payable account
Does credit to accounts payable represents cash paid to creditors?
No actually... Cash paid to credits should credit cash account and debit payable account
A what to AP represents cash paid to creditors?
In accounting, "Accounts Payable" (AP) represents the amount a company owes to its creditors for purchases made on credit. When cash is paid to settle these liabilities, it decreases both the cash balance and the accounts payable balance on the company's balance sheet. Essentially, cash paid to creditors reduces outstanding debts, reflecting the company's commitment to meet its financial obligations.
How does accounts payable decrease cash flow?
Example: Accounts payable balance = 1000 Cash Balance = 1000 Transaction 100 paid to creditors from cash Journal Entry [Debit] Accounts payable 100 [Credit] Cash 100 New Accounts balances Accounts payable 900 Cash 900
Does a decrease in accounts payable increase cash flow?
Decrease in accounts payable causes the decrease in cash flow because decrease in accounts payable means that creditors are paid of and hence cash is decreased when somebody paid.
Does a credit to accounts payable represent cash paid to creditors?
No actually... Cash paid to credits should credit cash account and debit payable account
What to AP represents cash paid?
In accounting, "AP" stands for Accounts Payable, which represents the amount a company owes to its suppliers or creditors for goods and services received but not yet paid for. Cash paid refers to the outflow of cash when the company settles these liabilities. When cash is paid to reduce accounts payable, it decreases both the cash balance and the accounts payable balance on the company's balance sheet. This transaction reflects the company's obligation being fulfilled, thereby improving its financial standing.
Does a decrease in accounts payable decrease cash flow?
Yes decrease occurs due to payment of cash to creditors which causes the cash to reduce as well.
